Y Combinator launched the first business accelerator
Y Combinator, launched in 2005, pioneered the business accelerator model, offering seed funding and intensive mentorship that transformed startup growth and funding.
In 2005, Y Combinator pioneered the business accelerator model, revolutionizing how startups grow. Founded by Paul Graham and others, it offered early-stage companies seed funding and three months of intensive mentorship. This culminated in a "Demo Day" where founders pitched to investors, a new approach that democratized access to crucial resources.
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